Application Platform News
Our latest news and commentary on applications, covering closed development platforms, SaaS vendors and related online services.
Platform stampede as investors hunt Latin American unicorns
When Sebastian Kanovich co-founded Latin American digital payments start-up dLocal in Montevideo in 2016, he struggled to get global retailers to take him seriously.
US consumer watchdog to query tech giants over financial data
The US consumer watchdog is expected this week to query tech giants including Facebook, Amazon and Google on how they handle consumer financial data as part of a broader effort to ...
Understanding the “metaverse”?
Facebook, which is under fire from regulators and lawmakers across the world, is planning to rebrand itself with a new name that focuses on the metaverse, well connected tech publi...
Finland’s Aiven raises $60 million at $2 billion valuation
Finland-based cloud software firm Aiven has raised $60 million from existing investors World Innovation Lab, IVP and Atomico, giving the firm a valuation of $2 billion, it has said...
China to keep up scrutiny of internet sector – Xinhua
China will continue its scrutiny of the internet sector, rooting out practices including the blocking of site links by rival platforms and ensuring smaller players have room to dev...
Shopify enlists Microsoft, Oracle for business tools on app
Canadian e-commerce platform Shopify is teaming up with top cloud companies including Microsoft Corp and Oracle Corp to help merchants streamline their business operations.
US agency submits initial recommendations on app data security to White House
The US Commerce Department has said it submitted an initial set of recommendations on data security under an executive order signed by Joe Biden.
California bars forced non-disclosure clauses in severance agreements
California will bar companies from requiring non-disclosure agreements in settlements with employees over workplace harassment claims under a bill signed into law in a win for tech...
Dutch watchdog finds Apple app store payment rules anti-competitive
The Dutch antitrust authority has found that Apple’s rules requiring software developers to use its in-app payment system are anti-competitive and ordered it to make changes, four ...
Twitter to sell mobile ad unit MoPub for $1 billion
Twitter Inc has said it has agreed to sell mobile ad company MoPub to AppLovin Corp for $1.05 billion in cash, as the microblogging platform looks to focus more on advertisements o...
Facebook blames ‘faulty configuration change’ for nearly six-hour outage
Facebook Inc blamed a “faulty configuration change for a nearly six-hour outage on Monday that prevented the company’s 3.5 billion users from accessing its social media...
Investors eye Big Tech as stock market wobbles
Technology stocks are bearing the brunt of a recent market selloff, putting a spotlight on how an extended downturn in the sector could weigh on broader equity indexes.
NYC will not enforce restaurant customer data-sharing law while DoorDash sues
New York City agreed to hold off on requiring food delivery companies to share customer data with restaurants, the subject of a recent lawsuit by DoorDash Inc.
‘Consumers aren’t stupid’: Google lawyer rejects EU market abuse ruling
Billions of people use Google because it’s the best, not because of deals the company made to stay competitive, Google’s lawyer has said, wrapping up a week of testimon...